Research Analysts Set Expectations for HIVE Q1 Earnings

HIVE Digital Technologies Ltd. (NASDAQ:HIVE - Free Report) - Research analysts at B. Riley issued their Q1 2026 earnings per share estimates for shares of HIVE Digital Technologies in a research report issued to clients and investors on Wednesday, July 9th. B. Riley analyst N. Giles expects that the company will post earnings per share of ($0.10) for the quarter. The consensus estimate for HIVE Digital Technologies' current full-year earnings is ($0.32) per share. B. Riley also issued estimates for HIVE Digital Technologies' Q2 2026 earnings at ($0.08) EPS, Q3 2026 earnings at ($0.06) EPS, Q4 2026 earnings at ($0.04) EPS, FY2026 earnings at ($0.28) EPS and FY2027 earnings at ($0.19) EPS.

Several other analysts have also recently commented on the company. HC Wainwright reduced their price target on HIVE Digital Technologies from $9.00 to $6.00 and set a "buy" rating for the company in a report on Friday, June 27th. Cantor Fitzgerald raised their price target on HIVE Digital Technologies from $5.00 to $5.50 and gave the company an "overweight" rating in a report on Friday, June 27th. Rosenblatt Securities reduced their price target on HIVE Digital Technologies from $5.50 to $5.00 and set a "buy" rating for the company in a report on Friday, June 27th. Canaccord Genuity Group reissued a "buy" rating and issued a $9.00 price target on shares of HIVE Digital Technologies in a report on Thursday, July 3rd. Finally, Wall Street Zen raised HIVE Digital Technologies to a "sell" rating in a report on Saturday, May 17th. One analyst has rated the stock with a sell rating, eight have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $6.57.

HIVE Digital Technologies Stock Up 5.0%

HIVE opened at $2.32 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.72 and a quick ratio of 3.72. The business has a 50 day simple moving average of $1.93 and a 200-day simple moving average of $2.16. The stock has a market capitalization of $469.67 million, a P/E ratio of -6.44 and a beta of 3.40. HIVE Digital Technologies has a 12 month low of $1.26 and a 12 month high of $5.54.

HIVE Digital Technologies (NASDAQ:HIVE - Get Free Report) last posted its quarterly earnings data on Wednesday, June 25th. The company reported ($0.31) earnings per share for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.20). The company had revenue of $31.16 million for the quarter, compared to analyst estimates of $31.47 million. HIVE Digital Technologies had a negative return on equity of 20.30% and a negative net margin of 48.65%.

Hedge Funds Weigh In On HIVE Digital Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the company. Point72 Asia Singapore Pte. Ltd. acquired a new position in HIVE Digital Technologies during the fourth quarter worth $26,000. Wells Fargo & Company MN raised its holdings in shares of HIVE Digital Technologies by 60.9% in the fourth quarter. Wells Fargo & Company MN now owns 15,320 shares of the company's stock worth $44,000 after acquiring an additional 5,800 shares during the last quarter. Franklin Resources Inc. acquired a new position in shares of HIVE Digital Technologies in the fourth quarter worth $53,000. LPL Financial LLC acquired a new position in shares of HIVE Digital Technologies in the fourth quarter worth $54,000. Finally, Plancorp LLC raised its holdings in shares of HIVE Digital Technologies by 90.5% in the fourth quarter. Plancorp LLC now owns 20,000 shares of the company's stock worth $57,000 after acquiring an additional 9,500 shares during the last quarter. 24.42% of the stock is owned by institutional investors and hedge funds.

About HIVE Digital Technologies

HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. It also operates data centers; and offers infrastructure solutions. The company was formerly known as HIVE Blockchain Technologies Ltd.

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